LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Now Covered by TD Cowen

TD Cowen started coverage on shares of LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) in a research report sent to investors on Friday morning,Zacks reports. The brokerage issued a hold rating on the stock.

LVMUY has been the topic of several other research reports. Zacks Research cut shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 14th. Royal Bank Of Canada downgraded LVMH-Moet Hennessy Louis Vuitton from a “moderate buy” rating to a “hold” rating in a report on Tuesday, September 22nd. Finally, HSBC lowered LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a research report on Wednesday, September 9th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, LVMH-Moet Hennessy Louis Vuitton presently has a consensus rating of “Moderate Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Up 0.3%

Shares of OTCMKTS LVMUY opened at $86.16 on Friday. The firm has a 50 day moving average price of $92.44 and a two-hundred day moving average price of $109.45. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $82.29 and a 52-week high of $152.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.78 and a current ratio of 1.63.

LVMH-Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury goods company formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. The group operates a portfolio of brands spanning fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.

Its brands include Louis Vuitton, Dior, Fendi, Givenchy, Celine, Loewe, Bulgari, Tiffany & Co, TAG Heuer, Moët & Chandon, Dom Pérignon, Hennessy, Sephora, and DFS. The company’s products and services range from luxury apparel, handbags, jewelry, watches, and beauty products to champagne, cognac, duty-free retail, and specialty retail experiences.

LVMH serves customers internationally through boutiques, department stores, travel-retail locations, hospitality activities, and e-commerce platforms across Europe, the Americas, Asia, and other global markets.